Prevu by reAlpha
BuySellBlogBrowse Listings

1186 E 56th StreetBrooklyn, NY 11234

For Sale

$1,250,000

Smart Buyer Rebate $15,625

NEW to the market, is a lovely 2 family home, located on a quiet, tree lined block in the historic Flatlands neighborhood of Brooklyn. This home offers 2 modernized apartments, with beautiful oak hardwood floors, quartz countertops, gorgeous high end tile and stainless steel appliances . Each unit offers an open concept layout with abundant light, generously sized bedrooms, excellent storage, contemporary kitchens and sleek bathrooms. From top to bottom, this gem has been thoughtfully updated with high-quality finishes, making it truly move-in ready.

Unit #1 = 3 Bedrooms + 1 Bathroom
Unit #2 = 3 Bedrooms + 2 Bathrooms + Balcony
Full Finished Walk Out Basement
Garage Parking

This property is perfect for owner occupants interested in offsetting their mortgage with rental revenue OR for investors seeking strong rental income. From top to bottom, the property has been updated with high-quality finishes, making it truly move-in ready. All showings are by appointment with pre-approval or proof of funds.

Listed by Olivia Woodson SRS

·

RE/MAX City Square

·

718-570-7690

Last updated December 10, 2025

·

Source: OneKey #937130

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlatlands
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu22
  • Taxes$8,893.64/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/18/2025
Listed by RE/MAX City Square
$1,250,000

Estimated Closing Costs

Total
$46,875
Attorney Fees
$4,000
NYC Mansion Tax
$12,500
Title Insurance
$5,625
Bank Attorney
$1,500
Mortgage Recording Tax
$19,250
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,250,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1186 E 56th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Structure Type: Townhouse
  • Year Built: 1965
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,478
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,383

Financial

Residential Income

  • Gross Income: $7,100.00

Taxes

  • Parcel Number: 07803-0074
  • Tax Annual Amount: $8,893.64
  • Tax Assessed Value: $59,400.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Hardwood
  • Interior Features: Granite Counters, Recessed Lighting, Walk Through Kitchen, Walk-In Closet(s), Washer/Dryer Hookup

Rooms

  • Basement: Finished, Full, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Garage

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Forced Air
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 1186 E 56th Street.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 1186 E 56th Street.

What are the annual taxes for 1186 E 56th Street?

Annual taxes for this multi-family home are estimated at $8,893.

How does 1186 E 56th Street compare to other multi-family homes in Flatlands?

This multi-family home is listed 22% above the average price for multi-family homes in Flatlands and has been on the market for 88 less days than the typical home in this area.

1186 E 56th Street is a 6-bedroom, 3-bath multi-family home for sale in Brooklyn NY 11234. On Prevu for 22 days at $1,250,000. This home is located in Flatlands. The median listing price for multi-family homes in this area is $783,750. Property amenities include parking. Explore more multi-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.